Phoenix Education Partne Inc Spline ILLIQ Liquidity Analysis
Liquidity prediction for Thursday, July 9th, 2026
1 Day
5,103.59
increased by 105.19
1 Week
4,949.74
decreased by 48.66
1 Month
6,125.99
increased by 1,127.59
Analysis last updated: Thursday, July 9, 2026 at 12:12 AM UTC
News Impact Curve
How returns affect tomorrow's liquidityLiquidity Forecast
How liquidity evolves over timeParameter Estimates
Oct 9, 2025 to Jul 2, 2026Model Insight
This model fits a time-varying baseline (a spline), so illiquidity mean-reverts toward a slowly-shifting long-run level rather than a constant.
μ
ILLIQ-SMEM Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 2.0848 | 8.88*** |
α ARCH Response to squared shocks | 0.1664 | 1.80* |
β GARCH Volatility persistence | 0.0000 | 0.00 |
Spline Coefficients
K=1
| γ1 | -3.8031 | -2.31** |
Persistence:
0.166
Half-life:
0 days
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